Cheryl C. my point was that Mike appears to be in possession of material non-public information regarding Capstone and FNMA/FHLM ($1B transaction) and their alleged plans to setting up Residential Rental REIT's.

If the PM had possession of the funds, then the IRS may consider it received.

That gives you tenant/buyer possession of the property.

To bad, it cost me a ton, had two single investors that would buy my deal with the husband and then use the right of possession to move in with the wife and drive the wife crazy until she sold, husbands would sell for pennies when they heard the plan, was almost an automatic deal every couple of weeks.

Filling ashtrays with cat litter may also help eradicate the smell.When it comes to tobacco smoke, professional services are almost always required, and even they do not possess some magical potion or technique that will do the job in one fell swoop.

So I have about 87 bucks into the deal then I sell property for 700 to 1500 after I take possession.

You'll at least want a couple air quality and surface tests (about $100 a piece) and given that there will likely be a couple months between the flooding and your taking possession, it's quite reasonable to assume that spore counts will be elevated.

Don't want to derail this thread, but it's important to note that a co-signer is listed on the lease and gets certain rights, like possession and other tenant rights.

Even if you are doing a SLO, the owner shouldn't ask about your credit report, if you are explaining from the get go that neither you or your company are taking possession.

I bet any of us here in BP can run circles around these guys with the knowledge we possess.